Common use of Labor Law Policy Clause in Contracts

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx Xxxxxx, Suite 200, Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz México, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0, Xxxxxxx Xxxx Xxxxx, Mexico City, C.P. 05349 Mexico. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz México, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz México, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting participating in the grant of the OptionPlan and receiving this LTI Grant, the Optionee Participant expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx Xxxxxx, Suite 200, Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the OptioneeParticipant’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee Participant and Mondelēz International, Inc. since the Optionee Participant is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz México, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0, Xxxxxxx Xxxx Xxxxx, Mexico City, C.P. 05349 Mexico. Based on the foregoing, the Optionee Participant expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee Participant and the Employer, Mondelēz México, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz México, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the OptioneeParticipant’s employment. The Optionee Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the OptioneeParticipant’s participation at any time without any liability to the OptioneeParticipant.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx XxxxxxXxxxx Xxxxxxx Xxxxx, Suite 200Xxxxxxxxx, Chicago, Illinois 60607Xxxxxxxx 00000, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000H. Congreso de la Union 5840, Xxxx 0Colonia Tres Xxxxxxxxx, Xxxxxxx Xxxx XxxxxXxxxxx Xxxx, Mexico City, C.P. 05349 MexicoXX 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx XxxxxxXxxxx Xxxxxxx Xxxxx, Suite 200Xxxxxxxxx, Chicago, Illinois 60607Xxxxxxxx 00000, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0, Xxxxxxx Xxxx Xxxxx, Mexico City, C.P. 05349 MexicoX.X. 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx XxxxxxThree Parkway North, Suite 200, ChicagoDeerfield, Illinois 6060760015, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0H. Congreso de la Union 0000, Xxxxxxx Xxxx XxxxxXxxxxxxxx, Mexico CityXxxxxx Xxxx, C.P. 05349 MexicoXX 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx Xxxxxx, Suite 200, Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz México, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0, Xxxxxxx Xxxx Xxxxx, Mexico City, C.P. 05349 MexicoX.X. 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz México, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz México, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx XxxxxxXxxxx Xxxxxxx Xxxxx, Suite 200Xxxxxxxxx, Chicago, Illinois 60607Xxxxxxxx 00000, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz México, Mondelez Mexico S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000H. Congreso de la Union 5840, Xxxx 0Colonia Tres Xxxxxxxxx, Xxxxxxx Xxxx XxxxxXxxxxx Xxxx, Mexico City, C.P. 05349 MexicoXX 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz México, Mondelez Mexico S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz México, Mondelez Mexico S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.

Labor Law Policy. In accepting the grant of the Option, the Optionee expressly recognizes that Mondelēz International, Inc., with registered offices at 000 Xxxx Xxxxxx Xxxxxx, Suite 200, Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the Optionee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Optionee and Mondelēz International, Inc. since the Optionee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., located at Xxxxxxx Xxxxx Xx 000, Xxxx 0, Xxxxxxx Xxxx Xxxxx, Mexico City, C.P. 05349 MexicoX.X. 00000 Xxxxxx. Based on the foregoing, the Optionee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Optionee and the Employer, Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Mondelēz MéxicoServicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Optionee’s employment. The Optionee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Optionee’s participation at any time without any liability to the Optionee.